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DeFi Safety · Fact checked

Hyperliquid Strategies Keeps Buying the Token That Drove Its $305.5 Million Profit

A wallet linked to Hyperliquid Strategies has purchased 494,200 Hyperliquid (HYPE) tokens, worth $45.8 million. The latest buy extends a month-long run. The token behind that treasury has also sharply outpaced Bitcoin (B

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Hyperliquid Strategies Keeps Buying the Token That Drove Its $305.5 Million Profit

What happened

A wallet linked to Hyperliquid Strategies has purchased 494,200 Hyperliquid (HYPE) tokens, worth $45.8 million. The latest buy extends a month-long run. The token behind that treasury has also sharply outpaced Bitcoin (BTC) and Ethereum (ETH) this year. HYPE Did the Heavy Lifting in Fiscal 2026 According to Lookonchain, the wallet has bought 5.51 million The post Hyperliquid Strategies Keeps Buying the Token That Drove Its $305.5 Million Profit appeared first on BeInCrypto .

What the sources establish

The identified sources describe the same recent event. This brief preserves the links and verification time so readers can inspect the original reporting.

Why it matters for DeFi users

The desk focuses on operational impact, protocol or wallet changes, market structure, and the security implications for users. Relevance does not mean that an exploit or loss has been confirmed.

Evidence boundary

The report does not infer an attacker, loss amount, or recovery status unless a verifiable source states it. Material changes require a dated revision.

What to watch next

  • Official protocol, wallet, exchange, or security-team updates.
  • Changes to deposits, withdrawals, contracts, permissions, or user access.
  • Corrections or additional evidence from independent sources.

Sources and editorial check time

This information is educational and is not financial, legal, or security advice.

Sources